001280SZSE

Announcement on Increasing the 2026 Annual Provisional Related Party Transaction Forecast

China National Uranium Co., Ltd.··5 pages

✨ AI Summary

China Uranium Industry Co., Ltd. announces an increase in its 2026 provisional related party transaction forecast by RMB 271.455 billion to a total of RMB 2,771.151 billion. This increase is to meet operational needs and facilitate business development. The transactions are with China National Nuclear Corporation and its subsidiaries, priced at market rates, and are deemed fair and not detrimental to shareholder interests.

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Securities Code: 001280

Securities Abbreviation: China Uranium Industry

Announcement Number: 2026-040

China Uranium Industry Co., Ltd.

Announcement on Increasing the 2026 Annual Provisional Related Party Transaction Forecast

The Company and the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Basic Situation of Related Party Transactions

(I) Overview of Provisional Related Party Transactions

China Uranium Industry Co., Ltd. (hereinafter referred to as the "Company" or "China Uranium Industry") held its first Board of Directors' 27th meeting and its first extraordinary shareholders' meeting in 2026 on January 22, 2026, and February 10, 2026, respectively. The proposal "Proposal on the 2026 Annual Provisional Related Party Transaction Amount" was reviewed and approved. It was agreed that to meet daily operating needs, the Company and its subsidiaries would have a provisional related party transaction with China National Nuclear Corporation Group Co., Ltd. (hereinafter referred to as "CNNC") and its holding subsidiaries, with a total estimated amount not exceeding RMB 2,499,695.90 million. For details, please refer to the "Announcement on the 2026 Annual Provisional Related Party Transaction Forecast" (Announcement Number: 2026-003) disclosed by the Company on Juchao Information Network on January 24, 2026.

(II) Overview of the Increased Provisional Related Party Transaction Forecast for This Time

  1. The Company held the fourth meeting of the second Board of Directors on August 10, 2026, and reviewed and approved the "Proposal on the Provisional Related Party Transaction Forecast for China Uranium Industry Co., Ltd. in 2026". It was agreed that based on the actual business situation, the provisional related party transaction forecast with CNNC and its holding subsidiaries in 2026 would be increased by RMB 271,455.26 million. After this increase, the total provisional amount for all types of related party transactions between the Company and its subsidiaries and CNNC and its holding subsidiaries in 2026 will not exceed RMB 2,771,151.15 million. The specific transaction amounts and contents are subject to the signed contracts. During the deliberation of this proposal, related directors Mr. Yuan Xu, Mr. Xing Yongguo, Mr. Li Chengcheng, Mr. Jiang Hong, Mr. Xiao Linxing, and Mr. Zhang Hongjun abstained from voting. Non-related directors voted 6 in favor, 0 against, and 0 abstentions. The voting results were approved by the Board of Directors.

  2. Before the above proposal was submitted for deliberation by the Board of Directors, it had been reviewed and approved by the Independent Directors' Special Committee of the second Board of Directors at its second meeting in 2026.

  3. In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and the "Articles of Association", the increase in the 2026 annual provisional related party transaction forecast needs to be submitted for review by the shareholders' meeting. During the shareholders' meeting, related shareholders China Uranium Mining Co., Ltd., Beijing Jianyuan Nuclear Equity Investment Fund Partnership (Limited Partnership), China National Nuclear Power Co., Ltd., Nuclear Industry Beijing Institute of Uranium Geology, CNNC Earth Technology Co., Ltd., China Institute of Atomic Energy, and CNNC Capital Holdings Co., Ltd. shall abstain from voting.

(III) Categories and Amounts of Increased Provisional Related Party Transactions

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